They still have a buttload of classes but they at least differentiate much later in your character career and really seem more like minor variations on certain themes than truly diversified classes which might be a good thing.
Check out Warcry's Skill list to see the class progression (and click on em to see their skills/spells).
Some of the choices seem kind of odd to me. Such as how Elven pet casters have unicorns for pets and Human pet casters are all about cute kitties apparently. I'd prefer my pets to be a bit more butch than that but maybe that's just me.
The reviews I've heard have been pretty mixed as well but it's probably worth giving a whirl until WoW at least.